This provider
The service provider's name, 1,823 additional funds served, 133 provider changes
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- Won2 funds
Alpha Edison Management Company, LLC moved 2 funds to this provider as custodian, from Carta.
A new client relationship, first shown on this filing.
- Lost1 fund
MNS Global Capital Managers, LLC moved a fund from this provider to Silicon Valley Bank as custodian.
A client that left; the filing names who replaced this provider.
- Lost1 fund
DFJ Dragon moved a fund from this provider to First Citizens Bank as custodian.
A client that left; the filing names who replaced this provider.
- 6 / 6decisions won / lost
In the last 12 months advisers moved 27 funds to this provider (6 decisions) and 8 away (6 decisions).
One adviser moving many vehicles on one filing is counted as one decision.
DerivedForm ADV and Form D filings, consecutive filings compared
A fund is served when its adviser names this provider in the role on the fund’s latest Form ADV, or names it as a sales compensation recipient on a Form D. Gross assets are the adviser’s own figure on Form ADV; an implausible figure is left out rather than printed.
| Fund | Manager | Role | Vintage | Gross assets | Latest filing |
|---|---|---|---|---|---|
| Sequoia Capital Fund, L.P. | Sequoia Capital Operations, LLC | Custodian | 2022 | $27B | Form ADV Jul 17, 2026 reports.adviserinfo.sec.gov |
| Sequoia Capital Global Growth Fund III - Endurance Partners, L.P. | Sequoia Capital Operations, LLC | Custodian | 2018 | $15B | Form ADV Jul 17, 2026 reports.adviserinfo.sec.gov |
| Draper Fisher Jurvetson Fund Ix, L.P. | Draper Fisher Jurvetson | Custodian | unknown | $11B | Form ADV Mar 30, 2026 reports.adviserinfo.sec.gov |
- Sequoia Capital Operations, LLC47 funds, $75B reported gross assets
- DFJ Growth22 funds, $16B reported gross assets
- Kleiner Perkins37 funds, $15B reported gross assets
- Aug 17, 2026Won Custodian: this provider, STIFEL BANK replaced Carta at Alpha Edison II, L.P. and 1 more of the same manager’s funds · Alpha Edison Management Company, LLCForm ADV, previous Mar 13, 2026 reports.adviserinfo.sec.gov
- Jun 25, 2026Lost Custodian: Silicon Valley Bank replaced this provider at Celesta Capital II, L.P. · MNS Global Capital Managers, LLCForm ADV, previous Apr 8, 2026 reports.adviserinfo.sec.gov
- Apr 1, 2026Lost Custodian: First Citizens Bank replaced this provider at DFJ Dragonfund China II, L.P. · DFJ DragonForm ADV, previous Mar 31, 2025 reports.adviserinfo.sec.gov
A decision is one manager’s filing that names a different provider in the role with none carried over. An acquisition is shown as a succession and never counted as won or lost; two names of one firm family are neither.
Named as custodian on 1,637 venture funds, 3.3% of the venture funds with a custodian on record. Won 21 and lost 18 adviser decisions from 2024 to 2026: a net gain of 3.
Who it serves, by manager type
| Funds | Managers | |
|---|---|---|
| Institutional venture firm | 717 | 137 |
| Multi-stage venture firm | 675 | 86 |
| Micro VC | 96 | 31 |
| Not classified | 87 | 22 |
| Private equity with venture activity | 77 | 23 |
| Candidate | 40 | 17 |
By fund size
| Funds | Managers | |
|---|---|---|
| Under $25M | 769 | 215 |
| $25M to $100M | 426 | 193 |
| $100M to $500M | 410 | 176 |
| $500M and over | 221 | 82 |
By manager state
| Funds | Managers | |
|---|---|---|
| California | 914 | 138 |
| New York | 176 | 37 |
| Massachusetts | 140 | 24 |
| Texas | 68 | 7 |
| Pennsylvania | 34 | 2 |
| Connecticut | 26 | 7 |
Adviser decisions by year
| Filing year | Won (funds) | Lost (funds) | By acquisition |
|---|---|---|---|
| 2026 | 6 (27) | 6 (8) | none |
| 2025 | 3 (6) | 6 (9) | 5 in, 0 out |
| 2024 | 12 (36) | 6 (6) | 10 in, 0 out |
| 2023 | 18 (54) | 1 (2) | 8 in, 0 out |
| 2022 | 2 (5) | 1 (1) | none |
Where it wins and loses: manager type
| Won | Lost | |
|---|---|---|
| Institutional venture firm | 7 | 9 |
| Multi-stage venture firm | 5 | 6 |
| Not classified | 3 | 1 |
| Candidate | 0 | 2 |
| Corporate venture | 2 | 0 |
| Micro VC | 1 | 0 |
Fund size
| Won | Lost | |
|---|---|---|
| Under $25M | 6 | 6 |
| $25M to $100M | 5 | 2 |
| $100M to $500M | 8 | 7 |
| $500M and over | 2 | 3 |
Manager state
| Won | Lost | |
|---|---|---|
| California | 8 | 5 |
| New York | 4 | 3 |
| Texas | 1 | 2 |
| South Carolina | 1 | 1 |
| Massachusetts | 0 | 1 |
| Michigan | 1 | 0 |
Loses most often to
- JPMorgan7 decisions, 11 funds
- Silicon Valley Bank6 decisions, 8 funds
- NAV CONSULTING, INC.1 decision, 2 funds
Wins most often from
- Silicon Valley Bank4 decisions, 6 funds
- First Republic Bank3 decisions, 15 funds
- Western Alliance / Bridge Bank2 decisions, 12 funds
Decisions since 2023 for the breakdowns and the lists, five filing years for the table. One manager’s filing is one decision however many funds it moves. By acquisition (a succession, never counted as won or lost): 23 in (74 funds), 0 out (0 funds).
The managers to call are listed by name for a reader with the venture graph. See the custodian opportunity list
- First named
- Jan 27, 2012
- Latest filing
- Aug 31, 2026
- CRD
- 110353, 149777, 8209
- LEI
- 2CN37MAG10RSMU4BRB40, 4PQUHN3JPFGFNF3BB653, 549300FZY6QD0AKPEE24, 549300GS0W0TEUQS8571, 549300OX8NDYIQ4DB571, 549300QGCD1U05U5XZ32, 7PDDXEMZ0ZV0CEDU4D16, 9R7GPTSO7KV3UQJZQ078, G1MLHIS0N32I3QPILB75, IGJSJL3JD5P30I6NJZ34
- SEC file number
- 8-115, 8-15869, 8-165935, 8-170103, 8-66004660, 8-68191, 8-70103, 801-15757, 801-70103
Sources: SEC Form ADV Schedule D (Section 7.B.(1) items 23 to 28) and Form D sales compensation recipients, each row linked to its filing above.
Ask: Which venture funds switched custodian to or away from this provider in the last 12 months?
A provider can be followed from its named record.